Jamshedpur, Feb. 7: A senior official of the Sajjan Jindal-owned Jindal South West Steel (JSW) has said the company would not proceed with its investment plans in the state unless the government formulates a rehabilitation policy
JSW has proposed investments to the tune of Rs 35,000 crore in Jharkhand's steel sector and had signed MoU to this effect.
The official said: 'After signing the MoU, we applied for land and mining leases. But we have shelved all plans for now. We are waiting for the state government to announce a rehabilitation package for the to-be displaced populace. It has become a matter of concern after the Kalinga Nagar incident.'
In the absence of the rehabilitation policy, he asked, how could the company negotiate with the people who would be displaced.
'We are following developments here. We do not want any untoward incidents like the one that had occurred to the officials of other companies when they had gone to Singhbhum villages ,' said the official referring to the recent incident of villagers detaining officials.